Incentive Share definition

Incentive Share means a Share awarded pursuant to Article 12.

Incentive Share means a share of Common Stock awarded to a Key Participant under Article VI hereof on such terms as are determined by the Committee.

Incentive Share means an award of shares granted pursuant to Section 11 below.

Examples of Incentive Share in a sentence

• To the extent that Incentive Share Options are first exercisable by a Participant in excess of such limitation, the excess shall be considered Non-Qualified Share Options.

• During a Participant’s lifetime, an Incentive Share Option may be exercised only by the Participant.

• The Participant shall give the Company prompt notice of any disposition of Shares acquired by exercise of an Incentive Share Option within (i) two years from the date of grant of such Incentive Share Option or (ii) one year after the transfer of such Shares to the Participant.

• No Award of an Incentive Share Option may be made pursuant to this Plan after the tenth anniversary of the Effective Date.

• The aggregate Fair Market Value (determined as of the time the Option is granted) of all Shares with respect to which Incentive Share Options are first exercisable by a Participant in any calendar year may not exceed $100,000 or such other limitation as imposed by Section 422(d) of the Code, or any successor provision.

More Definitions of Incentive Share

Incentive Share means a Share awarded pursuant to the provisions of Article 9.

Incentive Share means Shares of the Company intended to meet the definition of a “profits interest” in I.R.S. Revenue Procedures 93-27 and 2001-43. To the extent any Incentive Shares fail to meet the definition of a “profits interest,” neither the Company nor any other Member shall have any liability to the recipient of such Incentives Share with respect to such failure.

Incentive Share has the meaning set forth in Section 2.3(b).

Incentive Share means a share of the Company’s common shares awarded (or to be awarded) to an Independent Director as an “Incentive Share” pursuant to a shareholder-approved equity compensation plan of the Company.

Incentive Share means actual monies paid to each Participating Entity based on volume and speed of pay.

Incentive Share means an award of shares granted pursuant to

Incentive Share means one share of Common Stock. Notwithstanding the foregoing, with respect to any award of VARs prior to October 9, 2018, an “Incentive Share” means one share of Series A-6 Preferred Stock.